Turned Down for a Loan? What You Need to Know Now
January 31, 2017
Hosted by Deb Tomaro
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On this episode of REAL Real Estate Today, we're talking loans. Specifically, what to do if you've been turned down. We'll help you understand the main reasons loans are denied, the next steps to take and how not to lose hope. Owning a home isn't for everyone, but if your dream just got denied, join licensed Realtor Deb Tomaro and Mortgage Loan Originator Karan Rastall for tips on how to revive it!
REAL Real Estate Today
Tuesday at 12 Noon Pacific Time on VoiceAmerica Variety Channel
The reality is that most home buyers, sellers and owners are getting their advice on how to protect one of their biggest investments from HGTV or by trial and error. With 64 percent of Americans being homeowners, that is a lot of “flying by the seat of your pants” decision-making. REAL Real Estate Today with Deb Tomaro aims to provide useful and easy to understand chunks of information for home buyers, sellers and even homeowners who never intend to move that will help them make smart decisions for their family and protect one of the most expensive purchases they will ever make in their lives. Listen live every Tuesday at 12 Noon Pacific Time on the VoiceAmerica Variety Channel.
After studying archaeology in college, Deb decided that living with dirty fingernails wasn’t probably realistic for her, so she went to grad school to study Instructional Design. After several years of working as a corporate trainer and instructional designer, she had the opportunity to return to her beloved college town of Bloomington, Indiana. An unexpected and life changing moment led her to real estate. Motivated by her experience of finally finding a Home, Deb obtained her real estate license and has never looked back.
Deb had a challenge in front of her: to build a business starting at absolute zero. At the end of her first year, she was named Rookie of the Year in the state of Indiana for her company. At the end of her second year, she had sold more houses that year than any other Realtor in her area. The success and awards continued, but the real pride came from her client satisfaction and referral rates.
Buying a home is one of the biggest decisions a person can make. Why wouldn’t you want someone smart guiding you through the process? Mistakes can be costly. They can financially ruin a homeowner. Deb created educational seminars, blogs, newsletters and other materials to help educate people so they could to make smart decisions about real estate. She even started a mentor program for new Realtors in her area to make sure that Realtors were better trained and knowledgeable about helping people make smart decisions.